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Amazon To Acquire Ride Company Lyft? 

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1

Lyft will lay off 13 percent of its employees in the second round this year of significant cuts. 

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2

The Wall Street Journal first reported the layoffs. They are likely to impact hundreds of positions. 

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3

Lyft employs more than 4,000 people but does not include its drivers.

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4

Lyft CEO Logan Green and President John Zimmer posted an email on their website citing "a probable recession sometime next year" and rising ride-share insurance prices as reasons for the layoffs.

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5

Lyft has been cutting roles in the past. After closing down its rental car division in June, Lyft laid off 60 employees. 

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6

Rumors of a potential takeover of the company have been circulating among investors.

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7

Amazon, Ford, and General Motors are all possible buyers.

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